News

Hope Capital expands and targets further growth

Thu 19 May 2016

Hope Capital has increased its presence in the North and the Midlands with the appointment of Dan Parry business development manager, following a sustained period of growth for the bridging lender. Parry’s appointment is part of a wider expansion of Hope Capital which also recently saw the recruitment of Sanjay Patel as a BDM for the […]


Simply Factoring expands to Manchester

Thu 19 May 2016

Welsh invoice finance firm Simply Factoring Brokers has opened an office in Manchester to satisfy record growth and national expansion plans. The financial brokerage currently employs 10 staff across two sites in Newport and Eastbourne. With the opening of the new Manchester office, the business is forecast to increase its workforce by 50% by the […]


FSE Manchester: Double quotes should be given on BTL cases

Wed 18 May 2016

Brokers should be giving out both personal and limited company quotes to landlords as a matter of best practice, according to Mortgages for Business MD David Whittaker. He pointed to firms such as 3MC that already offer dual quotes as standard as an example of what people should be doing. He said: “As a matter of […]


FSE Manchester: Brokers anti-Brexit

Wed 18 May 2016

An audience poll taken at today’s Financial Services Expo Manchester suggests a large majority of intermediaries believe leaving the EU will have a negative impact on the UK economy. When asked what kind of impact a vote to leave would have, 82% of audience members answered ‘negative’. John Malone, chairman of Front Events which hosts […]


Equifinance to expand into Scotland

Mon 16 May 2016

Specialist second charge lender Equifinance is expanding into the Scottish market. As the growth of the seconds market continues apace Equifinance  said expansion into Scotland “is a logical step” in their development. As part of the strategic launch Equifinance are piloting with a few partner brokers initially before it expands its offering to the wider […]


Sonpal to head up Lombard specialist sectors

Mon 16 May 2016

Asset finance giant Lombard  has appointed Hiten Sonpal as head of specialist sectors – the newly created role covers renewable energy, manufacturing, commercial transportation, agriculture and introducers. In his new role Sonpal will report to director of external relationship management Paul Roberts. Roberts said: “Hiten has made a significant contribution to raising awareness of green and renewable […]


UTB welcomes Appeal Court ruling on development

Mon 16 May 2016

United Trust Bank has welcomed the decision by the Court of Appeal to reverse a recent judgement which scrapped the government’s small sites affordable housing contributions policy (read the full story HERE). The decision restores the policy meaning that affordable homes contributions will fall to bigger developers who are building the largest sites – while smaller […]


Roma Finance finances £3.2m conversion

Mon 16 May 2016

Specialist bridging finance lender Roma Finance has financed the £3.2m conversion of a family run nursing home into two luxury detached houses. The applicant was a successful businessman having run the nursing home at the premises for more than 20 years. With increasing regulation in the nursing home sector, the borrower’s business plan was to […]


EZBob secures £25m debt facility

Mon 16 May 2016

E-lenders Everline and EZBob have secured a three-year £25m debt funding facility from Shawbrook Bank and Honeycomb Investment Trust. The lenders have already provided over £100m over 8,500 loans to small businesses in the UK and the new funding will allow EZBob to open up lending to more UK SMEs at more affordable rates. Tomer Guriel […]


First Capital Factors boost Cornish presence

Mon 16 May 2016

National factoring firm First Capital Factors has opened a new office in Truro. The firm was established seven years ago and since opening the company has steadily expanded. They opened their second office in Exeter in 2014. Martin Austin, managing director, First Capital Factors, said: “The opening of our office in Lemon Street, Truro confirms our […]